Tag: yacht

  • Classification vs CE Marking for Yachts: What Owners and Brokers Must Know

    One of the most common — and costly — misunderstandings in yacht transactions concerns classification vs CE marking for yachts. Many often assume that the two overlap. In reality, they serve different legal and technical purposes and operate under entirely separate regimes.

    This distinction applies to all classification societies, without exception.

    At international level, the role of flag States in enforcing safety and technical standards is rooted in UNCLOS, which places primary responsibility on States for vessels flying their flag.


    Two Regimes, Two Purposes

    Classification is a voluntary technical regime administered by recognised classification societies. It focuses on:

    • structural integrity and seaworthiness,
    • machinery and safety systems, and
    • ongoing compliance through surveys.

    Insurers, financiers, flag administrations and technical managers commonly rely on classification. It is a mark of quality and operational assurance. Many flag administrations recognise classification as a means of ensuring their fleets’ compliance with international technical requirements under the technical convetions.

    Classification societies operate within an internationally recognised framework coordinated by the International Association of Classification Societies (IACS), which promotes uniform technical standards for ship safety and construction.

    CE marking, by contrast, is a mandatory legal requirement under EU law. It arises from the Recreational Craft Directive (Directive 2013/53/EU) and determines whether a yacht may be:

    • placed on the EU market,
    • imported into the EU,
    • sold within the EU, or
    • put into service.

    CE marking for recreational craft is governed by Directive 2013/53/EU, which sets the essential safety and environmental requirements for placing recreational craft on the EU market.

    In short:
    Classification confirms how a yacht is built and maintained.
    CE marking confirms whether it may legally circulate within the EU.


    Why Classification Alone Is Not Enough

    A yacht may be fully classed and technically sound, yet still be non-compliant for EU market purposes.

    Without valid CE compliance:

    • importation may be delayed or refused;
    • sales within the EU may be restricted;
    • charter operations may be impacted; and
    • costly remedial steps may be required at a late stage.

    This is why understanding classification vs CE marking for yachts early in a transaction is essential. Discovering a CE gap after signing often leads to avoidable delay and expense.


    An Important Clarification: The Role of Some Classification Societies

    Some classification societies are also designated as EU Notified Bodies under the Recreational Craft Directive.

    When acting in that separate legal capacity, they may:

    • carry out conformity assessments under the RCD; and
    • issue CE-related certificates under specific conformity modules.

    However:

    • this role is governed by EU product legislation;
    • it results in separate documentation; and
    • it does not arise automatically from classification.

    A classification certificate — regardless of which society issues it — never substitutes CE marking.


    When Yachts Commonly Require Both

    Many yachts, particularly larger or commercially operated vessels, carry:

    • classification, to satisfy technical, insurance and operational requirements; and
    • CE marking, to satisfy EU legal and market-access requirements.

    The two regimes complement each other, but they are not interchangeable.


    A Practical Rule of Thumb

    If a yacht will be:

    • sold within the EU,
    • imported into the EU,
    • placed into service, or
    • materially modified,

    CE compliance should always be reviewed independently of classification.

    This approach reduces risk and keeps transactions on course.

    Understanding the legal distinction between classification and CE marking is essential for yacht owners, brokers and managers operating in or into the EU.


    How Asteria Advisory Supports Clients

    Asteria Advisory works with owners to coordinate the yacht’s needs in terms of classification, CE conformity and EU regulatory compliance. We assist owners, managers and brokers in identifying the yacht’s needs early in order to align technical standards with legal requirements.

    You can download the factsheet here.

    Because in yacht transactions, clarity is not red tape.
    It is risk management.


    Disclaimer for Brokers and Intermediaries

    This article is provided for general information purposes only and does not constitute legal or technical advice.

    Classification status and CE compliance must be assessed on a case-by-case basis, taking into account the yacht’s build date, use, modifications and intended market. Brokers and intermediaries should avoid representing that classification equates to CE compliance and should recommend independent verification where EU market access is contemplated

  • Yacht Charter Season Support: Asteria’s Role Behind the Scenes

    The Start of the Yacht Charter Season

    Summer has arrived—and with it, the Mediterranean yacht charter season is in full swing. Ports are filling, crews are mobilised, and charters are underway. It’s a vibrant time, but also a demanding one. Asteria provides yacht charter season support to guide owners and operators through this busy time.

    While guests enjoy turquoise bays and fine service, support teams work tirelessly in the background. Every successful summer on the water depends on expert planning and precise execution.

    Why Behind-the-Scenes Support Matters

    This is where yacht charter season support becomes essential.

    Yacht managers and owners face tight schedules and increasing regulatory demands. Flag registration, crewing compliance, and documentation must be handled without delay. The smallest oversight can ripple into larger operational issues.

    Having a reliable support team makes all the difference.

    Asteria’s Role in Keeping Yachts Operational

    At Asteria Advisory, we help our clients stay prepared. We offer:

    • Yacht and ship registration
    • Flag advice and administration
    • Corporate structuring for ownership
    • Crewing and compliance coordination
    • Documentation management for charters and operations

    We understand how the marine environment works—because we’ve lived it, structured it, and supported it for years.

    Our goal? To give owners, managers, and family offices peace of mind during their busiest season.

    Building Bridges for a Successful Season

    Our tagline, Building Bridges, reflects how we connect clients with the right solutions—across borders, time zones, and jurisdictions. Whether you’re preparing a vessel for charter or ensuring flag compliance mid-season, we’re here to help.

    We work behind the scenes to support you during the yacht charter season so that your operations remain calm, clear, and compliant.


    Wishing You a Smooth Season

    To all our clients, collaborators, and colleagues in the maritime sector—we wish you a safe and successful summer. We have more updates coming – follow our Facebook and LinkedIn pages.

    Let’s make this yacht charter season one to remember.

    Asteria Advisory | Building Bridges
    #YachtCharterSeasonSupport #SuperyachtLaw #YachtRegistration #FlagSupport #MaritimeAdvisory #AsteriaAdvisory

  • Yachting Update: Commercial Yacht Code

    Transport Malta has issued a new Commercial Yacht Code, applicable as of the 01 July 2025. This comes after months consultation and effort to bring together an updated standard for the industry.

    🛥️ Scope & Applicability

    • Applies to all commercial yachts over 24 m in length, with any gross tonnage, replacing CYC 2020.
    • Small Commercial Yacht Code (sCYC) remains in effect for yachts under 24 m.

    🔍 Key Updates & Enhancements

    1. Regulatory Alignment & Streamlining

    • Reflects international safety standards, updated technologies, and industry practices.
    • Aims to streamline the regulatory framework, making compliance more operationally effective.

    2. Enhanced Safety Measures

    • Greater emphasis on safety systems, including improvements in navigation, firefighting, and structural integrity (though specific clauses are in the full Code).

    3. Environmental & Operational Efficiency

    • Introduces stricter provisions on pollution prevention, waste handling, and fuel safety for onboard aviation refuelling, reflecting modern environmental best practices.

    4. Technological Advancements

    • Broadened acceptance and specific requirements for battery-powered and hybrid vessels, with mandatory classification throughout certification.
    • Updated provisions for helidecks, including CCTV coverage and fuel handling protocols.

    5. Surveying & Certification Regime

    • Maintains existing structure: initial, intermediate, and annual surveys for vessels ≥ 24 m, renewing every five years.
    • Potential allowance for alternative compliance agreements, enhancing flexibility.

    6. Crew & Operational Management

    • While details are in the Code, improved clarity is suggested for manning, training, and crew welfare.

    🧭 Why This Matters

    • Regulatory consistency: Harmonises Malta’s code with global standards and advances in marine design.
    • Ongoing compliance: Existing vessels are given a clear update pathway, minimizing disruptions.
    • Environmental leadership: Demonstrates Malta’s dedication to marine ecology through enhanced pollution controls.
    • Tech readiness: Encourages adoption of eco-friendly propulsion and modern safety systems.

    ✅ What You Should Do:

    1. Familiarize yourself with the full CYC 2025 document, especially chapters relevant to safety, environment, and systems integration.
    2. Schedule your vessel’s first renewal survey after 31 Dec 2025 to ensure compliance.
    3. Discuss with your surveyor/RO about updated battery and helideck requirements, classification needs, and operational policies.
    4. Follow this page, or our profile on LinkedIn, or see what Geraldine is up to in the yachting world.
  • Malta’s Maritime Industry: A Strategic Hub for Ships & Yachts

    Introduction:

    With a proud maritime heritage and strategic position at the heart of the Mediterranean, Malta has steadily evolved into a strategic hub for ships and yachts. Malta is a leading jurisdiction for maritime investment and ship and yacht registration.

    Known for its robust legal and regulatory framework, Malta’s maritime industry offers significant opportunities for international investors. This applies to local and international stakeholders alike, for both ships and yachts.


    A Growing Force in Global Yachting and Shipping

    Malta continues to enhance its reputation as a reliable and forward-looking maritime flag state. During the Superyacht Symposium that took place in July 2021, Transport Minister Dr. Aaron Farrugia launched the development of a National Superyacht Strategy. This initiative gives a clear signal that Malta intends to further elevate its standing in the global maritime industry.

    Update – November 2023: the initiative was published by government and can be downloaded here.

    Industry professionals called for improvements including infrastructure and marina services, corporate and legal frameworks supporting ownership. These efforts aim to position Malta as a top-tier jurisdiction for yacht registration and support services. The strategy covers everything – from hard-standing facilities to high-quality professional advisory.


    International Interest at the Monaco Yacht Show

    Malta’s presence at the Monaco Yacht Show drew substantial attention, with the Transport Malta stand buzzing with activity. Visitors from around the globe showed a strong interest in the advantages of the Malta. They included yacht brokers, charterers, and industry professionals looking at both commercial and private yachts.

    The Malta Business Registry was also present in Monaco. This move emphasised the close integration of commercial ship operations and maritime corporate services under the Maltese system.

    Over the last decade, promotion of Malta’s maritime industry has become even more important as a government priority.


    Building a National Superyacht Strategy

    In a follow-up meeting hosted at the Malta Chamber of Commerce, key stakeholders shared recommendations for shaping Malta’s National Superyacht Strategy. Topics included: modernising Transport Malta’s online platforms, banking access and developing a private yacht code.

    The attendees’ suggestions will all form part of a national White Paper. The government will publish these proposals once the proposals are properly considered.

    These collaborative initiatives will play a pivotal role in reinforcing Malta’s legal and regulatory environment for shipping and yachting — ensuring long-term competitiveness and regulatory clarity for investors, operators, and clients.


    Malta on the European Stage

    Further bolstering Malta’s profile, recent proposals by a Maltese MEP on maritime transport were adopted by the European Parliament. This achievement underscores Malta’s active role in shaping maritime policy at the European level. It also reaffirms Malta’s ability to punch above its weight in a sector that continues to expand in both scale and complexity.


    Conclusion: A Flag of Confidence

    From ship registration to yachting advisory, from compliance management to infrastructure investment, Malta offers a powerful combination of expertise, international credibility, and commercial flexibility. With its EU membership, central Mediterranean location, and strong maritime tradition, Malta continues to position itself as a preferred jurisdiction for marine and shipping operations.


    At Asteria Advisory, we support local and international clients with tailored legal and corporate services across the shipping and yachting sectors. Whether you’re setting up under the Malta flag, registering a vessel, or exploring new opportunities in maritime operations, we’re here to help.

    👉 Get in touch to discuss how we can support your maritime venture or regulatory needs.
    📩 Contact Us
    📄 Download our latest factsheets on Ship & Yacht Registration in Malta from our Library.

  • Sanctioned Russian Oligarch wins right to use yacht on the French Riviera

    A sanctioned Russian oligarch has won the right to use his yacht on the French Riviera. Rather, he has successfully challenged French customs due to a number of errors made in the procedure when they boarded the yacht.

    Originally published in 2022, this article discusses the legal complexities around asset control and EU sanctions. As of 2025, such cases remain highly relevant in the evolving landscape of international law and yacht management.

    The EU sanctions apply across EU member states. French customs authorities are reported to have failed to follow the correct procedures. The court ordered the release of the yacht.

    Read the article here.

    A superyacht lies at anchor.
Image taken from stock - (C) Shutterstock
    A superyacht – image from stock.

    Legal professionals from different parts of the world have argued that individuals facing such sanctions should succeed in these challenges. Assets are being seized without due process of law. Further, these seizures are taking effect without following any proper court process.

    Clearly, there could be a deprivation of the right to one’s own property, without the proper court case to establish whether anyone has committed a crime.

    These actions, merely on the basis that an individual has links to (in this case) the Russian government, appear to constitute a right about turn from the fundamental human right to property. This is arguable. The use of wealth to continue to back up the atrocities of war remains worrying. Sanctions of this type might be the only way to stop this practice.

    Asteria Advisory’s services include ship & yacht registration, and management & representatation for yachts. We also provide legal support on a more general basis.

  • Malta Maritime Summit

    Originally published in 2016 during the first time I attended the Malta Maritime Summit. These reflections remain relevant today as Malta continues to position itself at the forefront of maritime innovation and regulation.

    I was invited to speak about seafarers and yachting at the biennial conference, the Malta Maritime Summit, 2022.

    This is the forum where players in the maritime industry can bring matters of importance to the attention of the authorities and propose a way forward.

    It is the third time that this biennial event is being organised. It is being held in the first week of October 2022. I was only invited last week, during the Monaco Yacht Show. It was a really nice surprise and the referral came through a dear colleague and friend.

    Themed “The Voice of the Industry”, this event will host prominent and influential maritime stakeholders who will be debating maritime concerns and challenges facing the various sectors including the post-COVID reality, technology, environment and finance.

    These discussions include, in particular, the training needs of seafarers and of the yachting industry. The work of seafarers in yachting has come under the spotlight during recent times: many professionals do not believe that the current training formats are sufficiently set up to cater for the very specialised world that is yachting. Those working onboard yachts are set for an entirely different experience from seafarers in shipping. We shall see why – and explore solutions – during the panel session in which I am involved.

    I have been training seafarers since late 2009, but most of my trainees have been geared towards the shipping world. In yachting, there is an entirely different set of needs – both in terms of formal training as well as the human side of skills.

    The subject I shall be speaking on refers to the changing training needs of seafarers, particularly in the yachting industry. The industry also has its needs: the yacht owner needs to be assured of the training of the crew he employs onboard this very expensive asset. Lives are still at stake and it is important to ensure that crew are properly trained up for the job.

    The Malta Maritime Summit will include a discussion panel on exactly this topic.

    Since 2016, the Malta Maritime Summit has evolved into a key forum for dialogue on international shipping, policy, and sustainability. Asteria Advisory remains committed to supporting maritime businesses navigating this dynamic sector. Check out our ship & yacht registration or our management & representation services.